MakeMyTrip (MMYT) closed at $78.71, up 1% from the previous day, outperforming the S&P 500. Analysts project an EPS of $0.38 and revenue of $230.58 million, showing positive growth. The company holds a Zacks Rank of #1 (Strong Buy) and is trading at a premium with a Forward P/E ratio of 48.25.

For the upcoming earnings disclosure, MakeMyTrip is expected to report strong financial results, with projected increases in both EPS and revenue. Analysts’ favorable outlook is reflected in the Zacks Rank of #1 (Strong Buy) for the company. Investors should monitor these estimates for potential stock price performance.

In the competitive Internet – Delivery Services industry, MakeMyTrip stands out with a PEG ratio of 4.17, higher than the industry average. The industry itself ranks in the top 12%, indicating strong performance. Investors should consider these metrics and industry rankings when evaluating MakeMyTrip’s stock.

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Read more at Nasdaq: MakeMyTrip (MMYT) Rises Higher Than Market: Key Facts